ELDORADO GOLD CORP (ELD.CA) Stock Fundamental Analysis
TSX:ELD - Toronto Stock Exchange - CA2849021035 - Common Stock - Currency: CAD
We assign a fundamental rating of 7 out of 10 to ELD. ELD was compared to 811 industry peers in the Metals & Mining industry. While ELD belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ELD is evaluated to be cheap and growing strongly. This does not happen too often! With these ratings, ELD could be worth investigating further for value and growth investing!.
1. Profitability
1.1 Basic Checks
ELD had positive earnings in the past year.
ELD had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ELD reported negative net income in multiple years.
ELD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ELD (5.49%) is better than 90.01% of its industry peers.
ELD's Return On Equity of 8.19% is amongst the best of the industry. ELD outperforms 90.63% of its industry peers.
The Return On Invested Capital of ELD (5.87%) is better than 91.99% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ELD is significantly below the industry average of 12.18%.
The 3 year average ROIC (2.89%) for ELD is below the current ROIC(5.87%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 8.19% | ||
| ROIC | 5.87% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.21%
ROE(5y)-0.31%
ROIC(3y)2.89%
ROIC(5y)3.08%
1.3 Margins
The Profit Margin of ELD (23.03%) is better than 95.93% of its industry peers.
ELD's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 33.96%, ELD belongs to the top of the industry, outperforming 95.44% of the companies in the same industry.
ELD's Operating Margin has improved in the last couple of years.
The Gross Margin of ELD (40.37%) is better than 93.59% of its industry peers.
ELD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.96% | ||
| PM (TTM) | 23.03% | ||
| GM | 40.37% |
OM growth 3Y12.53%
OM growth 5Y28.66%
PM growth 3YN/A
PM growth 5Y10.87%
GM growth 3Y7.51%
GM growth 5Y12.76%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ELD is destroying value.
Compared to 1 year ago, ELD has more shares outstanding
ELD has more shares outstanding than it did 5 years ago.
ELD has a worse debt/assets ratio than last year.
2.2 Solvency
ELD has an Altman-Z score of 1.54. This is a bad value and indicates that ELD is not financially healthy and even has some risk of bankruptcy.
ELD has a Altman-Z score (1.54) which is in line with its industry peers.
ELD has a debt to FCF ratio of 16.34. This is a negative value and a sign of low solvency as ELD would need 16.34 years to pay back of all of its debts.
ELD has a better Debt to FCF ratio (16.34) than 89.52% of its industry peers.
ELD has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.24, ELD is doing worse than 67.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 16.34 | ||
| Altman-Z | 1.54 |
ROIC/WACC0.79
WACC7.47%
2.3 Liquidity
A Current Ratio of 3.12 indicates that ELD has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.12, ELD is in the better half of the industry, outperforming 64.61% of the companies in the same industry.
A Quick Ratio of 2.53 indicates that ELD has no problem at all paying its short term obligations.
ELD's Quick ratio of 2.53 is fine compared to the rest of the industry. ELD outperforms 61.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 2.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 90.91% over the past year.
Measured over the past years, ELD shows a very strong growth in Earnings Per Share. The EPS has been growing by 89.34% on average per year.
Looking at the last year, ELD shows a very strong growth in Revenue. The Revenue has grown by 36.90%.
ELD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.44% yearly.
EPS 1Y (TTM)90.91%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%3.7%
Revenue 1Y (TTM)36.9%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%37.71%
3.2 Future
ELD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.62% yearly.
The Revenue is expected to grow by 13.20% on average over the next years. This is quite good.
EPS Next Y9.23%
EPS Next 2Y32.48%
EPS Next 3Y23.36%
EPS Next 5Y14.62%
Revenue Next Year14.83%
Revenue Next 2Y26.59%
Revenue Next 3Y22.24%
Revenue Next 5Y13.2%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.15, ELD is valued correctly.
Based on the Price/Earnings ratio, ELD is valued cheaply inside the industry as 92.23% of the companies are valued more expensively.
ELD's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.34.
The Price/Forward Earnings ratio is 8.13, which indicates a very decent valuation of ELD.
Based on the Price/Forward Earnings ratio, ELD is valued cheaply inside the industry as 93.34% of the companies are valued more expensively.
ELD is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.15 | ||
| Fwd PE | 8.13 |
4.2 Price Multiples
ELD's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ELD is cheaper than 94.08% of the companies in the same industry.
90.01% of the companies in the same industry are more expensive than ELD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 73.85 | ||
| EV/EBITDA | 7.04 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of ELD may justify a higher PE ratio.
A more expensive valuation may be justified as ELD's earnings are expected to grow with 23.36% in the coming years.
PEG (NY)1.53
PEG (5Y)0.16
EPS Next 2Y32.48%
EPS Next 3Y23.36%
5. Dividend
5.1 Amount
No dividends for ELD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ELD (6/20/2025, 7:00:00 PM)
28.59
-0.06 (-0.21%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners85.38%
Inst Owner ChangeN/A
Ins Owners0.37%
Ins Owner ChangeN/A
Market Cap5.87B
Analysts72.31
Price Target31.79 (11.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.89%
Min EPS beat(2)-6.25%
Max EPS beat(2)4.47%
EPS beat(4)3
Avg EPS beat(4)7.62%
Min EPS beat(4)-6.25%
Max EPS beat(4)30.69%
EPS beat(8)7
Avg EPS beat(8)40.84%
EPS beat(12)9
Avg EPS beat(12)38.41%
EPS beat(16)12
Avg EPS beat(16)19.75%
Revenue beat(2)1
Avg Revenue beat(2)1.96%
Min Revenue beat(2)-0.02%
Max Revenue beat(2)3.93%
Revenue beat(4)1
Avg Revenue beat(4)-2.49%
Min Revenue beat(4)-8.86%
Max Revenue beat(4)3.93%
Revenue beat(8)2
Avg Revenue beat(8)-4.75%
Revenue beat(12)2
Avg Revenue beat(12)-6.74%
Revenue beat(16)3
Avg Revenue beat(16)-6.47%
PT rev (1m)3.02%
PT rev (3m)18.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)18.01%
EPS NY rev (1m)0%
EPS NY rev (3m)5.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)9.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.15 | ||
| Fwd PE | 8.13 | ||
| P/S | 3.02 | ||
| P/FCF | 73.85 | ||
| P/OCF | 6.22 | ||
| P/B | 1.07 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | 7.04 |
EPS(TTM)2.02
EY7.07%
EPS(NY)3.51
Fwd EY12.29%
FCF(TTM)0.39
FCFY1.35%
OCF(TTM)4.6
OCFY16.09%
SpS9.48
BVpS26.65
TBVpS26.03
PEG (NY)1.53
PEG (5Y)0.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 8.19% | ||
| ROCE | 8.8% | ||
| ROIC | 5.87% | ||
| ROICexc | 5.87% | ||
| ROICexgc | 5.97% | ||
| OM | 33.96% | ||
| PM (TTM) | 23.03% | ||
| GM | 40.37% | ||
| FCFM | 4.08% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.21%
ROE(5y)-0.31%
ROIC(3y)2.89%
ROIC(5y)3.08%
ROICexc(3y)3.41%
ROICexc(5y)3.56%
ROICexgc(3y)3.48%
ROICexgc(5y)3.64%
ROCE(3y)4.33%
ROCE(5y)4.62%
ROICexcg growth 3Y24.23%
ROICexcg growth 5Y48.52%
ROICexc growth 3Y24.27%
ROICexc growth 5Y48.54%
OM growth 3Y12.53%
OM growth 5Y28.66%
PM growth 3YN/A
PM growth 5Y10.87%
GM growth 3Y7.51%
GM growth 5Y12.76%
F-Score6
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 16.34 | ||
| Debt/EBITDA | 1.27 | ||
| Cap/Depr | 241.76% | ||
| Cap/Sales | 44.44% | ||
| Interest Coverage | 23.98 | ||
| Cash Conversion | 92.7% | ||
| Profit Quality | 17.74% | ||
| Current Ratio | 3.12 | ||
| Quick Ratio | 2.53 | ||
| Altman-Z | 1.54 |
F-Score6
WACC7.47%
ROIC/WACC0.79
Cap/Depr(3y)168.27%
Cap/Depr(5y)144.12%
Cap/Sales(3y)39.34%
Cap/Sales(5y)33.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)90.91%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%3.7%
EPS Next Y9.23%
EPS Next 2Y32.48%
EPS Next 3Y23.36%
EPS Next 5Y14.62%
Revenue 1Y (TTM)36.9%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%37.71%
Revenue Next Year14.83%
Revenue Next 2Y26.59%
Revenue Next 3Y22.24%
Revenue Next 5Y13.2%
EBIT growth 1Y137.76%
EBIT growth 3Y26.05%
EBIT growth 5Y49.82%
EBIT Next Year86.25%
EBIT Next 3Y47.77%
EBIT Next 5Y21.35%
FCF growth 1Y161.63%
FCF growth 3Y-13.48%
FCF growth 5YN/A
OCF growth 1Y218.95%
OCF growth 3Y21.25%
OCF growth 5Y31.26%